Ghost Boards

Pleasant Grove, UT

Seller Financing Available

Asking Price:	$3,500,000
Inventory:	$500,000
EBITDA:	$11,000,000
Established Year:	2017

Gross Revenue:	$600,000
Rent:	$7,562.29/Month
FF&E:	$50,000

Listing ID: 2300151Listing provided by BizBuySell

BUSINESS DESCRIPTION

Custom skateboard manufacturing - Acrylic customized cornhole, signs

"Built a Bear" concept. We make Acrylic LED Longboards. (cornhole, signs, and more)
25% of our business is wholesale B2B (selling to stores across the country)
25% of our business is Promotional Product (selling to companies with custom logos)
50% is DTC Direct to Consumer (Website, Amazon, Ebay, Tiktok, Instagram)

We have 8,000 sqft warehouse
Forklift
Van
2 CNC Machines
Routers
500k of inventory
400K + Social Media Followers
3,000 influencers
Registered & Trademark
Incorporated in Delaware

We started the company out of the garage, grew sales to over 11 million in sales in 4 years. We took a step back to re-organize and fix logos, websites, branding, and direction of the company.

https://www.startengine.com/offering/ghostboards

ATTACHED DOCUMENTS

2024 Promotional Products 2.pdf.pdf Download

2024 Wholesale Catalog email.pdf.pdf Download

DETAILED INFORMATION

Location

Pleasant Grove, UT

Inventory

Included in asking price

Real Estate

Leased

Building SF

8,000

Lease Expiration

01/07/2025

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

(2) CNC Machines (1) Forklift (1) Van Furniture and computers ALL Inventory

Competition

Skateboard business is a global business. Direct competition with clear custom boards is not available. In-Direct competition: about a dozen wood longboard companies * our market is stronger with a larger demographics: 68% female, ages 3-60 * market for custom logos is giving us a huge niche

Growth & Expansion

Our goals are to get into 1000 stores and brand across the US with wholesale. Also is to work with 1000 promotional product companies to send us custom orders for companies. Amazon just got approved for our store front and building our a marketing strategy growth with in We have lots of potential growth. Manufacturing Cost: $57 per board. Retail: $199 - $249 We have enough parts to build around 15,000 boards Cons: We are in less then 100 stores (with no sales force) We have relationships with a dozen promo companies with One rep

Financing

See all our financials here: https://www.startengine.com/offering/ghostboards

Support & Training

100%. Brent will stay on and run all the warehouse, design, machines Employees will stay on to do all shipping, assembly, building, and manage the b2b relationships

Reason for Selling

Family needs Focus Time